I drew this a couple of days ago. I didn't share because I didn't want it to be true. Seems like link is gonna have a major correction. Long term I am still very bullish - don't get rekt friends.
Stay strong, declining volume, symmetrical triangle, it is going to get big in April.
eraj69
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@Darenno1, Yes! I am calling $100 in May - the road there may be bumpy.
b82161
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Decentralized storage network Filecoin has integrated with decentralized finance (DeFi) oracle service Chainlink.
lucgarc1020
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hanging in there ..Never quit!!
MICVH
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Holding spot and not trading perps on this is a way better play.
DLO1206
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should the bottom support line be a little steeper to hit the feb 3rd wick at 18.59, looks like that same support might also touch the $16 jan 22nd wick?
eraj69
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@DLO1206, I drew this chart originally on the 1d, I think the lines are fine where they are but you could additionally draw a line on the bottom of that feb 3rd wick if we don't hold at ~$20.
Also I want to point out that this channel held really well and despite BTC continuing to dump LINK/USD is holding pretty well. Just keep in mind horizontal lines are stronger than diagonal lines so we have to watch for potentially more downside.